Daily Forecast For Bursa Malaysia Stocks 22072021

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1. GOLDEN PHAROS BERHAD (5649)

Industry : Building Products

52W High : RM 0.675

Golden Pharos Berhad, an investment holding company, primarily engages in the timber harvesting, sawmilling, and kiln drying activities in Malaysia, the United Kingdom, and internationally. It operates through three segments: Harvesting, Sawmilling, Kiln Drying of Timber and Sales of Logs and Logging Compartments; Manufacturing; and Others. The company is involved in the manufacture and trade of glasses; sawmilling, harvesting, moulding, and producing finger joint and furniture, and kiln drying; forest management harvesting and sustainable business; and manufacture and sale of veneer and woodchips. It also engages in the rental of buildings, and plant and machinery; and sells logs and right to logs. The company was incorporated in 1986 and is based in Kuala Terengganu, Malaysia. Golden Pharos Berhad is a subsidiary of Terengganu Incorporated Sdn. Bhd.

  • Volatility Over TimeGPHAROS’s weekly volatility (21%) has been stable over the past year, but is still higher than 75% of MY stocks.
  • Return vs IndustryGPHAROS exceeded the MY Forestry industry which returned 19% over the past year.
  • Return vs MarketGPHAROS exceeded the MY Market which returned 1% over the past year.
  • Short Term LiabilitiesGPHAROS’s short term assets (MYR35.0M) exceed its short term liabilities (MYR16.5M).
  • Long Term LiabilitiesGPHAROS’s short term assets (MYR35.0M) exceed its long term liabilities (MYR17.2M).
  • Debt LevelGPHAROS’s debt to equity ratio (18.2%) is considered satisfactory.
  • Stable Cash RunwayGPHAROS has sufficient cash runway for more than a year based on its current free cash flow.
  • Forecast Cash RunwayGPHAROS has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 6.7% each year.

Average volume : 2.33m
Shares outstanding : 138.94m
Free float : 30.71m
P/E (TTM) : —
Market cap : 58.36m MYR
EPS (TTM) : -0.0327

2. KUMPULAN JETSON BERHAD (9083)

Industry : Homebuilding

52W High : RM 0.85

Kumpulan Jetson Berhad, an investment holding company, engages in the construction and property development, hostel management, and manufacturing activities in Malaysia, rest of Asia, Europe, North America, South America, the Pacific Island, and internationally. It operates as a design and build turnkey contractor for civil construction works, general building and interior works, renovation and restoration works, and exposition and exhibition works, as well as industrial display designing of memorial, museum, and gallery works; and contractor and designer of aluminum cladding, glazing, curtain, walling, and related aluminum works. The company also manufactures and trades in customized polymer products, including elastometric moldings, thermoplastics products, and thermosets products; pails and covers; and rubber products, and moulds and tools, as well as trades in construction and building materials. In addition, it manufactures and sells adhesives, sealants, and silicone products, as well as cementitious products; and anti-vibration systems for original equipment manufacturers for the automotive, railway, and industrial sectors. Further, the company is involved in assembling and trading of automotive products; trading of pharmaceutical products and medical devices; and trading of component parts for railway and infrastructure industry. It also exports its products. Kumpulan Jetson Berhad was incorporated in 1977 and is based in Kuala Lumpur, Malaysia.

  • Return vs IndustryJETSON exceeded the MY Auto Components industry which returned 93.9% over the past year.
  • Return vs MarketJETSON exceeded the MY Market which returned 1% over the past year.
  • Short Term LiabilitiesJETSON’s short term assets (MYR146.9M) exceed its short term liabilities (MYR122.5M).
  • Long Term LiabilitiesJETSON’s short term assets (MYR146.9M) exceed its long term liabilities (MYR30.6M).
  • Stable Cash RunwayJETSON has sufficient cash runway for more than a year based on its current free cash flow.

Average volume : 42.13m
Shares outstanding : 232.67m
Free float : 74.66m
P/E (TTM) : —
Market cap : 102.37m MYR
EPS (TTM) : -0.0354

3. EVERSAFE RUBBER BERHAD (0190)

Industry : Automotive Aftermarket

52W High : RM 0.435

Eversafe Rubber Berhad, an investment holding company, develops, manufactures, and distributes tire retreading materials to tire retreaders and rubber material traders in Malaysia. The company offers masterbatches, pre-cured tread liners, camelbacks, cushion gums, repair ropes, sidewall veneers, and orbitreads. It is also involved in the tire retreading operations and provision of after-sales services. In addition, the company trades in rubber-based products, equipment, and related accessories. Eversafe Rubber Berhad sells its products in approximately 28 countries, including Asia, Australia, Oceania, Africa, the Americas, Europe, and the Middle East. The company was incorporated in 2015 and is headquartered in Ipoh, Malaysia.

  • Trading at 33.1% below estimate of its fair value.
  • Volatility Over TimeESAFE’s weekly volatility (12%) has been stable over the past year, but is still higher than 75% of MY stocks.
  • Return vs Market: ESAFE exceeded the MY Market which returned 1% over the past year.
  • Below Fair ValueESAFE (MYR0.35) is trading below estimate of fair value (MYR0.52).
  • Significantly Below Fair ValueESAFE is trading below fair value by more than 20%.
  • Quality EarningsESAFE has high quality earnings.
  • Growing Profit MarginESAFE’s current net profit margins (3.8%) are higher than last year (3.4%).
  • Earnings TrendESAFE’s earnings have grown by 13% per year over the past 5 years.
  • Short Term LiabilitiesESAFE’s short term assets (MYR67.7M) exceed its short term liabilities (MYR34.4M).
  • Long Term LiabilitiesESAFE’s short term assets (MYR67.7M) exceed its long term liabilities (MYR12.1M).
  • Debt CoverageESAFE’s debt is well covered by operating cash flow (39.1%).
  • Interest CoverageESAFE’s interest payments on its debt are well covered by EBIT (5.5x coverage).
  • Notable DividendESAFE’s dividend (2.86%) is higher than the bottom 25% of dividend payers in the MY market (1.51%).

Average volume : 10.19m
Shares outstanding : 240.59m
Free float : 53.55m
P/E (TTM) : 21.92
Market cap : 84.21m MYR
EPS (TTM) : 0.016

4. DPI HOLDINGS BERHAD (0205)

Industry : Provision of Coating Solutions

52W High : RM 0.685

DPI Holdings Berhad, an investment holding company, develops, manufactures, fills, packages, and distributes aerosol products in Malaysia and internationally. It operates through Aerosol Products, and Solvents and Thinners segments. The company is also involved in private label manufacturing business; and trading of solvents and thinners. It offers its aerosol products under the DPI, Anchor, and Kromoto brands. The company was formerly known as Dovechem Paint Industries Sdn Bhd. and changed its name to DPI Holdings Berhad in January 1986. DPI Holdings Berhad was founded in 1980 and is headquartered in Tangkak, Malaysia.

  • Trading at 19.3% below estimate of its fair value.
  • Earnings grew by 36.2% over the past year.
  • Stable Share PriceDPIH is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 9% a week.
  • Volatility Over TimeDPIH’s weekly volatility (9%) has been stable over the past year.
  • Return vs IndustryDPIH exceeded the MY Chemicals industry which returned 29.2% over the past year.
  • Return vs MarketDPIH exceeded the MY Market which returned 1.3% over the past year.
  • Below Fair ValueDPIH (MYR0.55) is trading below estimate of fair value (MYR0.68).
  • Quality EarningsDPIH has high quality earnings.
  • Growing Profit MarginDPIH’s current net profit margins (19.3%) are higher than last year (16.1%).
  • Accelerating GrowthDPIH’s earnings growth over the past year (36.2%) exceeds its 5-year average (-3.7% per year).
  • Earnings vs IndustryDPIH earnings growth over the past year (36.2%) exceeded the Chemicals industry 13.7%.
  • Short Term LiabilitiesDPIH’s short term assets (MYR79.6M) exceed its short term liabilities (MYR8.7M).
  • Long Term LiabilitiesDPIH’s short term assets (MYR79.6M) exceed its long term liabilities (MYR73.0K).
  • Debt LevelDPIH is debt free.
  • Reducing DebtDPIH had no debt 5 years ago.
  • Debt CoverageDPIH has no debt, therefore it does not need to be covered by operating cash flow.
  • Interest CoverageDPIH has no debt, therefore coverage of interest payments is not a concern.
  • Dividend CoverageWith its reasonably low payout ratio (27.7%), DPIH’s dividend payments are well covered by earnings.

Average volume : 3.51m
Shares outstanding : 486.73m
Free float : 77.01m
P/E (TTM) : 25.37
Market cap : 267.70m MYR
EPS (TTM) : 0.0217

5. KYM HOLDINGS BERHAD (8362)

Industry : Manufacture and Sale of Packaging Products

52W High : RM 0.49

KYM Holdings Bhd, an investment holding company, manufactures and sells paper packaging products in Malaysia, Singapore, Mauritius, Thailand, the Philippines, Brunei, Indonesia, India, Sweden, and Vietnam. It operates through Manufacturing and Property segments. The company offers multi-wall industrial paper bags, and corrugated fiber boards and boxes. It also invests in, develops, and manages properties; and provides management services. The company was formerly known as Polypulp Paper Industries Berhad and changed its name to KYM Holdings Bhd in April 1996. KYM Holdings Bhd was incorporated in 1982 and is based in Petaling Jaya, Malaysia.

  • Trading at 57% below estimate of its fair value.
  • Became profitable this year.
  • Stable Share PriceKYM is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.
  • Volatility Over TimeKYM’s weekly volatility (7%) has been stable over the past year.
  • Return vs IndustryKYM exceeded the MY Packaging industry which returned 39% over the past year.
  • Return vs MarketKYM exceeded the MY Market which returned 1% over the past year.
  • Below Fair ValueKYM (MYR0.42) is trading below estimate of fair value (MYR0.97).
  • Significantly Below Fair ValueKYM is trading below fair value by more than 20%.
  • PB vs IndustryKYM is good value based on its PB Ratio (0.7x) compared to the MY Packaging industry average (1.2x).
  • Growing Profit MarginKYM became profitable in the past.
  • Earnings TrendKYM has become profitable over the past 5 years, growing earnings by -31% per year.
  • Short Term LiabilitiesKYM’s short term assets (MYR35.6M) exceed its short term liabilities (MYR35.0M).
  • Long Term LiabilitiesKYM’s short term assets (MYR35.6M) exceed its long term liabilities (MYR31.4M).
  • Debt LevelKYM’s debt to equity ratio (20.2%) is considered satisfactory.
  • Reducing DebtKYM’s debt to equity ratio has reduced from 32.5% to 20.2% over the past 5 years.
  • Debt CoverageKYM’s debt is well covered by operating cash flow (50.2%).

Average volume : 1.30m
Shares outstanding : 149.89m
Free float : 58.90m
P/E (TTM) : 102.72
Market cap : 62.20m MYR
EPS (TTM) : 0.004

6. MULTI-USAGE HOLDINGS BERHAD (9539)

Industry : Real Estate Development

52W High : RM 0.82

Multi-Usage Holdings Berhad, an investment holding company, primarily engages in the property development activities in Malaysia. The company operates through Property development, Contracting, Manufacturing, Trading, and Others segments. It develops commercial and residential properties; provides contracting works for construction projects; and manufactures and sells cement products, fire resistance bricks, precast concrete hollow and paving blocks, allan blocks, stones, precast reinforced concrete box culverts, ready mix concrete products, and various building materials. The company also provides contracting works and project management services; offers property related management services; and trades in furniture, cement products, bricks, hollow blocks, stones, and various building materials, as well as hardware products and polished tiles. Multi-Usage Holdings Berhad was founded in 1991 and is headquartered in Penang, Malaysia.

  • Trading at 93.4% below estimate of its fair value.
  • Became profitable this year.
  • Stable Share PriceMUH is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 8% a week.
  • Volatility Over TimeMUH’s weekly volatility has decreased from 15% to 8% over the past year.
  • Return vs IndustryMUH exceeded the MY Real Estate industry which returned 13.4% over the past year.
  • Return vs MarketMUH exceeded the MY Market which returned 1.3% over the past year.
  • Below Fair ValueMUH (MYR0.6) is trading below estimate of fair value (MYR8.99).
  • Significantly Below Fair ValueMUH is trading below fair value by more than 20%.
  • Quality EarningsMUH has high quality earnings.
  • Growing Profit MarginMUH became profitable in the past.
  • Short Term LiabilitiesMUH’s short term assets (MYR46.0M) exceed its short term liabilities (MYR4.6M).
  • Long Term LiabilitiesMUH’s short term assets (MYR46.0M) exceed its long term liabilities (MYR151.0K).
  • Debt LevelMUH is debt free.
  • Reducing DebtMUH had no debt 5 years ago.
  • Debt CoverageMUH has no debt, therefore it does not need to be covered by operating cash flow.
  • Interest CoverageMUH has no debt, therefore coverage of interest payments is not a concern.

Average volume : 29.02k
Shares outstanding : 56.42m
Free float : 20.87m
P/E (TTM) : 18.96
Market cap : 33.29m
EPS (TTM) : 0.0311

Analyse by Independent Analyst Zack Baharum

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Disclaimer:
Everything shared here can only be used for educational purposes. There is no buy/sell call for any counters mentioned in this portal. We hold NO responsibility and you should always consult your remisier or adviser for investment decisions.

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